SOLD
3,900.00USD+ (585.00) buyer's premium + applicable fees & taxes.
This item SOLD at 2019 Dec 17 @ 15:40UTC-5 : EST/CDT
Did you win this lot?
A full invoice should be emailed to the winner by the auctioneer within a day or two.
Buyer’s Premium:
15% if paid by check, cash, or wire transfer
18.5% if paid by Credit Card or PayPal.
Onsite and offsite Payments Allowed, payment is to be made to BTM Industrial prior to picking items.
Location: Wyoming, MI
LOADING FEE: $1300
GIDDINGS & LEWIS Horizontal Boring Mill w/ DRO
*NOTE* TOOLING PICTURED NOT INCLUDED
Mode 340T
3 Axis DRO
4" Spindle
27" Spindle Travel
67" Vertical Y Travel
36" Horizontal Z Travel
Standard 10-600 RPM
High 650-1300 RPM
Table Size 74"x48"
Auction Location:
2662 Prairie St SW, Wyoming, Michigan, 49519, United States
Previewing Details:
Inspection Date: Monday December 16th 8am-3pm.
Where: 2662 Prairie St SW Wyoming, MI 49519
Site Contact for Inspection: Tyler 616-307-0704
Sales Tax:
All items will be charged 6% Michigan State Sales Tax, Unless you provide our office with a copy of a current Sale Tax Exemption form (NO EXCEPTIONS).
Taxes:
Buyer's Premiums:
| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
15% |
Lot Specific Fees:
Additional Fees:
Shipping Details:
Removals:
Pick Up Schedule: Weds 18th: 8am-3pm, Thursday 9am-6pm, Friday 8am-3pm. After that it is by appointment only and can not go past 20 nusiness days of the end of the auction.
Small items (non machinery, forklift, or racking) needs to be removed by Friday the 20th unless you make contact with auction coordinator telling them what date the following week you will be there. Rigger will be onsite with forklifts for loading Weds 17th-Friday 20th. After that loading is by appointment only. Loading Fees are clearly stated on each lot, if there are no loading fees the buyer is responsbile for removal of the items and no assistance will be provided. Buyer is at their own risk onsite when removing items, owner is not responsbile for injury or damage of items while buyer is loading.
Smaller Items (i.e. tooling and other small lots) may be able to be brought back to BTM Warehouse for shipping for an extra cost but is not gaurenteed it will be available for all smaller lots. Will know after auction is completed.
Payment Details:
Cash, wire transfer, bank draft or certified check will be accepted as payment of the Purchase Price.
additional 3.5% fee will be assessed for credit card transactions.
Onsite Payment is Available
BUYERS PREMIUM: 15% for payments by cash, wire, or certified check, 18.5% if using Credit Card or PayPal
Payment terms - Full Payment is due prior to removing any lots.
If you have not picked up your machinery or equipment within 20 days of the auction ending, BTM Industrial can not gaurentee the condition in which the machinery or equipment was listed originally by BTM Industrial.
In the event of an issue with a purchase that requires a refund, ONLY the cost of the machine with buyers premium will be refunded if a rigger or trucking company is hired to load or pick up the machinery from anywhere else besides our BTM Industrial Consignment Warehouse.
Accepted Payment Methods:
- VISA
- Master Card
- AMEX
- Discover
- Money Order/Bank Draft
- Check/Cheque
- COD (cash on delivery)
- PayPal
- Wire Transfer
We highly recommend inspection and previewing lots prior to bidding.
Please see all terms below.
All buyers have a MAXIMUM of 20 days to remove the items/machines from location, unless earlier demands of time are stated in the auction description for a specific machine (see removal details). If items are not picked up within that timeframe then they will be removed and disposed of at buyers’ expense or forfeited. Owner of company will be turning over the keys to the building on July 11th, 2019.
REMOVAL: Midway Machinery is the only approved contractor for this sale. Loading/Removal costs will be noted on each individual lot. These charges are ONLY for loading equipment/machinery onto a buyers truck at auction location.
Sale subject to additions AND deletions.
The following constitutes the entire terms and conditions on which property listed in the auction sale catalog shall be offered for sale or sold by BTM Industrial, and any consignor of such property for whom BTM acts as agent. BTM Industrial strongly recommends to all bidders to thoroughly inspect all items before the auction on which bidder intends to bid. Under these Terms and Conditions, the term “Bidder” and “Purchaser” shall be used interchangeable and be one of the same.
1. Bidder acknowledges that an auction site is a potentially dangerous place. Flammable, noxious, corrosive and pressurized substances may be present, heavy equipment may be in operation, and electric circuits may be live. Every person at the auction site before, during and after the auction sale, shall be deemed to be there at his/her own risk with notice of the condition of the premises, the activities on the premises, and conduct of third parties; and the bidder shall so advise his/her agents and employees. No person shall have any claim against BTM Industrial, its consignors, agents, employees, directors or principals for any injuries sustained or for damages to or loss of personal property, which may occur from any cause whatsoever.
2. As used herein, the term “Bid Price” means the price at which a lot is knocked down to the Purchaser, and the term “Purchase Price” means the aggregate of (a) the Bid Price, (b) the Buyers Premium and other surcharges, if any, and (c) unless Purchaser is exempt by law from the payment thereof, any Federal, Provincial, State or local sales taxes (or compensating use tax of another State), and any other applicable taxes. Unless exemption from such taxes is established to the satisfaction of BTM Industrial, any Purchaser claiming an exemption will be required to pay the tax to BTM Industrial and seek a refund directly from the taxing authorities.
3. A sale to the highest Bidder shall be complete upon the auctioneer’s call, with the highest Bidder purchasing the offered lot, in accordance with all the conditions set forth herein, including Purchaser (a) assuming full risk of loss and responsibility thereof, see Point 8 below, (b) Payment is due to BTM within forty-eight (48) hours after the auction sale for all lots purchased. No lot may be removed until the Purchase Price is paid in full for all lots purchased. To prevent miss-delivery and inconvenience in settlement of a purchase, no lot may be transferred prior to removal by the Purchaser.
4. If the conditions herein or any other applicable condition(s) are not complied with, in addition to other remedies available by law to BTM Industrial and/or its consignors, including but without limitation, the right to hold the Purchaser liable for the Purchase Price, BTM may, at its option, either (a) cancel the sale in part or in full, retaining as liquidated damages all payments made by Purchaser or (b) resell the property, either publicly or privately, after three (3) days’ notice to the Purchaser and for the account and risk of the Purchaser, and in such event the Purchaser shall be liable to BTM for any deficiency if the resale is less than the Purchase Price, plus all costs, including warehousing, the pro-rate share of expenses of both sales including reasonable attorney’s fees, BTMs commission, plus all other charges due here under and incidental damages suffered by BTM or its consignor.
5. Only cash, wire transfer, bank draft, certified check, credit card, or PayPal will be accepted as payment of the Purchase Price. Personal or company checks may be accepted by BTM, at its sole option, on the condition that they must be accompanied by a letter from the Purchasers bank unconditionally guaranteeing payment of the Purchase Price in full of items purchased.
6. BTM reserves the right to withdraw any property at any time before actual sale. Unless otherwise announced by the auctioneer at the time of sale, all bids are per lot as numbered in the catalog. Lots may be combined or divided at the auctioneer’s choice.
7. BTM Industrial reserves the right to reject a bid from any Bidder. The highest Bidder as acknowledged by the auctioneer shall be the Purchaser. In the event of any dispute between bidders, or in the event of doubt on the part of BTM as to the validity of any bid, the auctioneer shall have the sole discretion either to determine the successful bidder or to re-offer and resell the lot in dispute. If any dispute arises after the sale, BTM`s sales record shall be conclusive in all respects.
8. Purchase of any lot is at the Purchaser’s risk with risk of loss immediately passing to Purchaser upon the auctioneer’s call. Neither BTM, nor its consignors, have any liability of any nature whatsoever to Purchaser if the lot is not delivered to Purchaser due to fire, theft, damage, or any other cause.
9. All lots purchased shall be removed in their entirety from the site at Purchaser’s sole cost and responsibility and by the date as specified in the auction catalog or as posted or announced at the sale. No items may be removed before termination of the sale. Removal shall be at the sole risk and liability of the Purchaser or Purchaser’s agent, and only after Purchaser has provided BTM satisfactory proof of insurance by Certificate of Insurance or otherwise. Purchaser shall fully indemnify BTM and its consignors for any loss arising from damage to any person or property caused to any extent by Purchaser’s removal of the lots purchased.
10. Purchaser is solely responsible to secure all safety equipment as may be necessary and prudent to meet all government safety standards in using, operating or removing lots purchased.
11. Absolutely no warranty or representation, written or oral, is given with any lot. All statements contained in BTM’s catalog, website, marketing material or by the auctioneers, or in any bill of sale, invoice or elsewhere as to description, size, quantity, quality, capacity, model, serial number, measurements or condition, are approximated statements and shall not be deemed to be representations or warranties, oral or written, with respect to any lot. No sale is invalid or made void by reason of any flaw in a lot or by reason of a lot being incorrectly described, and BTM will not be liable and no compensation will be paid for any such fault or error of description.
12. All property is sold “AS IS, WHERE IS”. Neither BTM nor the consignor makes any representation or warranty, oral or written expressed or implied, as to the merchantability, fitness for a particular purpose, condition of the property, correctness of the description, condition, capacity, age or any other details used to describe the property. Absolutely NO RETURN of sold goods, NO REFUNDS, and NO EXCHANGES will be permitted.